Brazil's Bolsonaro wants crusading judge in cabinet

His controversial comments on women and his praise of his country's former dictatorship may have left detractors fearful of a JairBolsonaro presidency in Brazil, but so far investors do not appear to be among them.

Brazil and South Africa share membership of the important BRICS and IBSA formations.

Bolsonaro defeated his Leftist opponent Fernando Haddad of the Workers' Party 55.5 per cent against 44.5 per cent of the votes with 96 per cent of ballots counted. Thousands of Bolsonaro supporters cheered and set off fireworks outside his home in Rio de Janeiro´s beachfront Barra de Tijuca neighbourhood as his victory was announced.

His populist approach has led to some media dubbing him "Trump of the Tropics".

Bolsonaro, with a proudly authoritarian approach that attracted Brazilian voters tired of crime and corruption, will have to find a way to fit into the groupings of developing countries.

While Bolsonaro's election has unsettled many LGBTQ people in Brazil, the Datafolha survey results on LGBTQ acceptance and two newly elected progressive "collective candidacies" have provided a counterbalance of hope for the community.

"I don't idolize Bolsonaro and I don't know if he will govern well, but we are hopeful".

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"In the past, we were leaders on this front and we will once again lead in the short term, most certainly", Bolsonaro said in the video, recorded before his election win on Sunday.

The markets could continue to boom, Mariscal said, if Bolsonaro keeps his promise to allow Guedes, who is expected to be named economy minister, the autonomy needed to carry out his plans. Flying in the face of that, Bolsonaro's proposed policies are a declaration of war against not just Brazil's population and environment, but on the world's ability to mitigate climate change. New rules will boost investment in infrastructure, he told reporters. He said he was committed to fiscal discipline and called for the early elimination of the federal government´s budget deficit.

"There are a lot of parallels and I think a lot of opportunities for a much improved US-Brazil relationship", Roberts said.

He and his advisors have begun fleshing out the staffing of his administration and setting out key priorities, including a fast-tracked pension reform that has faced resistance in Congress.

German diplomatic circles are equally blasé and are awaiting Mr. Bolsonaro's first moves as president. He will oversee the transition from Rio this week and fly to the capital Brasilia next week, Lorenzoni added.

Bolsonaro, who rode a wave of anti-establishment anger to victory in Sunday's election, wants to slash the number of ministries from 29 to 15, in the name of reining in public spending.

Echoing Vergolino, Erika Hilton, the transgender member of the so-called Activist Caucus, said many Bolsonaro voters were "manipulated" by misleading information and do not agree with some of his extreme rhetoric about gay people. He said the Temer government may approve the deal before leaving.

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